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FHYSX vs. TMAYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FHYSX vs. TMAYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes High-Yield Strategy Portfolio (FHYSX) and Touchstone Ares Credit Opportunities Fund Class Y (TMAYX). The values are adjusted to include any dividend payments, if applicable.

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FHYSX vs. TMAYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FHYSX
Federated Hermes High-Yield Strategy Portfolio
-1.76%9.14%6.42%12.77%-13.16%4.49%6.08%15.14%-2.16%8.34%
TMAYX
Touchstone Ares Credit Opportunities Fund Class Y
-0.58%6.15%8.27%13.25%-8.54%9.47%4.72%12.39%-2.47%0.31%

Returns By Period

In the year-to-date period, FHYSX achieves a -1.76% return, which is significantly lower than TMAYX's -0.58% return. Over the past 10 years, FHYSX has outperformed TMAYX with an annualized return of 5.39%, while TMAYX has yielded a comparatively lower 4.39% annualized return.


FHYSX

1D
0.17%
1M
-2.27%
YTD
-1.76%
6M
0.01%
1Y
5.88%
3Y*
7.48%
5Y*
3.11%
10Y*
5.39%

TMAYX

1D
0.11%
1M
-1.64%
YTD
-0.58%
6M
-0.07%
1Y
5.70%
3Y*
7.97%
5Y*
4.71%
10Y*
4.39%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FHYSX vs. TMAYX - Expense Ratio Comparison

FHYSX has a 0.02% expense ratio, which is lower than TMAYX's 0.78% expense ratio.


Return for Risk

FHYSX vs. TMAYX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FHYSX
FHYSX Risk / Return Rank: 8989
Overall Rank
FHYSX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
FHYSX Sortino Ratio Rank: 8888
Sortino Ratio Rank
FHYSX Omega Ratio Rank: 9393
Omega Ratio Rank
FHYSX Calmar Ratio Rank: 8989
Calmar Ratio Rank
FHYSX Martin Ratio Rank: 8989
Martin Ratio Rank

TMAYX
TMAYX Risk / Return Rank: 8181
Overall Rank
TMAYX Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
TMAYX Sortino Ratio Rank: 8484
Sortino Ratio Rank
TMAYX Omega Ratio Rank: 8484
Omega Ratio Rank
TMAYX Calmar Ratio Rank: 7171
Calmar Ratio Rank
TMAYX Martin Ratio Rank: 8080
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FHYSX vs. TMAYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes High-Yield Strategy Portfolio (FHYSX) and Touchstone Ares Credit Opportunities Fund Class Y (TMAYX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


FHYSXTMAYXDifference

Sharpe ratio

Return per unit of total volatility

1.67

1.62

+0.06

Sortino ratio

Return per unit of downside risk

2.37

2.23

+0.14

Omega ratio

Gain probability vs. loss probability

1.45

1.35

+0.10

Calmar ratio

Return relative to maximum drawdown

2.36

1.66

+0.70

Martin ratio

Return relative to average drawdown

9.71

7.82

+1.89

FHYSX vs. TMAYX - Sharpe Ratio Comparison

The current FHYSX Sharpe Ratio is 1.67, which is comparable to the TMAYX Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of FHYSX and TMAYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FHYSXTMAYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.67

1.62

+0.06

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.60

1.01

-0.41

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.94

0.87

+0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.85

0.83

+0.02

Correlation

The correlation between FHYSX and TMAYX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

FHYSX vs. TMAYX - Dividend Comparison

FHYSX's dividend yield for the trailing twelve months is around 5.82%, less than TMAYX's 7.89% yield.


TTM20252024202320222021202020192018201720162015
FHYSX
Federated Hermes High-Yield Strategy Portfolio
5.82%6.28%5.84%5.30%5.27%4.54%5.74%6.18%6.61%6.98%6.45%8.45%
TMAYX
Touchstone Ares Credit Opportunities Fund Class Y
7.89%7.25%7.82%7.91%6.25%6.37%6.43%3.81%2.18%4.47%2.86%1.81%

Drawdowns

FHYSX vs. TMAYX - Drawdown Comparison

The maximum FHYSX drawdown since its inception was -21.45%, roughly equal to the maximum TMAYX drawdown of -21.44%. Use the drawdown chart below to compare losses from any high point for FHYSX and TMAYX.


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Drawdown Indicators


FHYSXTMAYXDifference

Max Drawdown

Largest peak-to-trough decline

-21.45%

-21.44%

-0.01%

Max Drawdown (1Y)

Largest decline over 1 year

-2.50%

-3.17%

+0.67%

Max Drawdown (5Y)

Largest decline over 5 years

-16.93%

-13.66%

-3.27%

Max Drawdown (10Y)

Largest decline over 10 years

-21.45%

-21.44%

-0.01%

Current Drawdown

Current decline from peak

-2.27%

-1.91%

-0.36%

Average Drawdown

Average peak-to-trough decline

-2.61%

-2.13%

-0.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.61%

0.67%

-0.06%

Volatility

FHYSX vs. TMAYX - Volatility Comparison

Federated Hermes High-Yield Strategy Portfolio (FHYSX) has a higher volatility of 1.24% compared to Touchstone Ares Credit Opportunities Fund Class Y (TMAYX) at 1.03%. This indicates that FHYSX's price experiences larger fluctuations and is considered to be riskier than TMAYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FHYSXTMAYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.24%

1.03%

+0.21%

Volatility (6M)

Calculated over the trailing 6-month period

2.37%

1.90%

+0.47%

Volatility (1Y)

Calculated over the trailing 1-year period

3.76%

3.40%

+0.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.20%

4.67%

+0.53%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.76%

5.04%

+0.72%